$USDC
USD Coin (USDC) is a type of cryptocurrency known as a stablecoin, pegged 1:1 to the U.S. dollar. It’s issued by regulated financial institutions and managed by the Centre consortium, founded by Circle and Coinbase. USDC aims to provide stability in the volatile crypto market, making it ideal for trading, saving, or transferring funds globally. Each USDC token is backed by an equivalent amount of cash or short-term U.S. government securities, ensuring full reserve backing. It runs on multiple blockchain platforms including Ethereum and Solana, offering fast and low-cost transactions.
